Evguenia Stoichkova is the new operations director for Coca-Cola in Romania, Bulgaria, the Republic of Moldova and Albania. She has replaced Dragos Militaru, who has left the company to join UPC.

Two expat investors, Emmanuel Damanakis of Skepsis Advertising and Konstantinos Kapetanopoulos have taken the license to open the first Haagen Dazs Cafes in Romania, according to Romanian daily Ziarul Financiar. The first such store will be opened in Baneasa Shopping City.

Romania made a new round of international headlines with two unfortunate events which happened yesterday. The maternity blast which killed four babies kept headlined across the world as the story unveiled yesterday evening and during the night.

Banks give out loans to local authorities at 13% interest rate – in Ziarul Financiar, TV sales grow by 10 percent in Q2 – in Ziarul Financiar, The new ANI law- all the MP's wealth, made public again – in Ziarul Financiar, Cernavoda- Constanta highway and Bucharest – Constanta railway, ready next year – on Wall-street.ro

A Romanian chef who has completed a two-day Indonesian food course has won the the first prize in the Indonesian food cooking contest recently held at the Indonesian Embassy in Bucharest.

Romanian diplomat Gabriel Grecu, who was working in Romania's embassy in Moscow, has been detained for being allegedly involved in the stealth of secret military information in Russia, according to Reuters, quoting Russia's Security Service.

Works on the second stage of the China Town Romania real estate project, which should reach a value of EUR 50 million, will start on August 17. This phase of works should be finalized in 2013, according to the Chinese- Romanian Chamber of Commerce.

The net assets of the nine privately managed pensions funds in Romania reached EUR 835 million in July this year, which is a 49.2 percent increase compared to December 2009, according to the Private Pensions System Surveillance Commission. The value of private pension funds assets has increased two-fold compared to June 2009.

Axl Rose, the leading singer of rock band Guns n'Roses, has announced the cancellation of all upcoming concerts. The announcement came on his Twitter account. However, media reports quoting various concert organizers say this was a hoax.

Telecom operator Orange will launch a pre-paid card for Internet access tomorrow, with prices starting EUR 5, the company has announced. The announcement comes soon after its competitors, Vodafone and Comoste, had already launched such services.

Evguenia Stoichkova is the new operations director for Coca-Cola in Romania, Bulgaria, the Republic of Moldova and Albania. She has replaced Dragos Militaru, who has left the company to join UPC.

Two expat investors, Emmanuel Damanakis of Skepsis Advertising and Konstantinos Kapetanopoulos have taken the license to open the first Haagen Dazs Cafes in Romania, according to Romanian daily Ziarul Financiar. The first such store will be opened in Baneasa Shopping City.

Romania made a new round of international headlines with two unfortunate events which happened yesterday. The maternity blast which killed four babies kept headlined across the world as the story unveiled yesterday evening and during the night.

Banks give out loans to local authorities at 13% interest rate – in Ziarul Financiar, TV sales grow by 10 percent in Q2 – in Ziarul Financiar, The new ANI law- all the MP's wealth, made public again – in Ziarul Financiar, Cernavoda- Constanta highway and Bucharest – Constanta railway, ready next year – on Wall-street.ro

A Romanian chef who has completed a two-day Indonesian food course has won the the first prize in the Indonesian food cooking contest recently held at the Indonesian Embassy in Bucharest.

Romanian diplomat Gabriel Grecu, who was working in Romania's embassy in Moscow, has been detained for being allegedly involved in the stealth of secret military information in Russia, according to Reuters, quoting Russia's Security Service.

Works on the second stage of the China Town Romania real estate project, which should reach a value of EUR 50 million, will start on August 17. This phase of works should be finalized in 2013, according to the Chinese- Romanian Chamber of Commerce.

The net assets of the nine privately managed pensions funds in Romania reached EUR 835 million in July this year, which is a 49.2 percent increase compared to December 2009, according to the Private Pensions System Surveillance Commission. The value of private pension funds assets has increased two-fold compared to June 2009.

Axl Rose, the leading singer of rock band Guns n'Roses, has announced the cancellation of all upcoming concerts. The announcement came on his Twitter account. However, media reports quoting various concert organizers say this was a hoax.

Telecom operator Orange will launch a pre-paid card for Internet access tomorrow, with prices starting EUR 5, the company has announced. The announcement comes soon after its competitors, Vodafone and Comoste, had already launched such services.